HOUSE AMENDED
PRIOR PRINTER'S NOS. 484, 1295
PRINTER'S NO. 1628
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
526
Session of
2015
INTRODUCED BY GORDNER, SCAVELLO, SCARNATI, WARD, ALLOWAY, BAKER,
RAFFERTY, YUDICHAK AND MENSCH, FEBRUARY 20, 2015
AS AMENDED ON SECOND CONSIDERATION, HOUSE OF REPRESENTATIVES,
MARCH 21, 2016
AN ACT
Amending the act of May 1, 1933 (P.L.103, No.69), entitled, as
reenacted and amended, "An act concerning townships of the
second class; and amending, revising, consolidating and
changing the law relating thereto," in auditors and
accountants, further providing for completion, filing and
publication of annual township report and financial
statement.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 904(a) and (e) of the act of May 1, 1933
(P.L.103, No.69), known as The Second Class Township Code,
reenacted and amended November 9, 1995 (P.L.350, No.60), are
amended to read:
Section 904. Completion, Filing and Publication of Annual
Township Report and Financial Statement.--(a) The board of
auditors shall complete their audit, settlement and adjustment
before the first day of [March] April of each year.
* * *
(e) On or before the [tenth day of March] fifteenth day of
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April of each year, the [board of auditors] SECRETARY OF THE
TOWNSHIP shall publish, once in one newspaper of general
circulation in the township [a], concise financial [statement
setting forth the balance in the treasury at the beginning of
the fiscal year, all revenues received during the fiscal year by
major classifications, all expenses paid during the fiscal year
by major functions and the current resources and liabilities of
the township at the end of the fiscal year, the gross liability
and net debt of the township, the amount of the assessed
valuation of the township, the assets of the township with the
character and value thereof, the date of the last maturity of
the respective forms of funded debt and the assets in the
sinking fund[.] or a brief summary of the financial statement
INFORMATION PREPARED OR APPROVED BY THE AUDITORS AND CONSISTENT
WITH THE AUDITED FINANCIAL STATEMENTS, FOR TOTAL ASSETS, TOTAL
LIABILITIES AND TOTAL NET POSITION AT YEAR END AND TOTAL
REVENUE, EXPENSES AND CHANGES IN NET POSITION FOR THE YEAR JUST
ENDED and a reference to a place within the township where
copies of the financial statement STATEMENTS AND ACCOMPANYING
AUDITOR'S REPORT may be examined. If the full financial
statement is not included, a copy STATEMENTS AND ACCOMPANYING
AUDITOR'S REPORT ARE NOT PUBLISHED, COPIES shall be supplied to
the publishing newspaper when the request for publication is
submitted.
* * *
Section 2. This act shall take effect in 60 days.
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